Car manufacturers and the iPhone generation

543 More

Earning the right to be successful

532 More

Knowledge is power

607 More

Selling cars – it’s all about timing

848 More

Truemag

  • Home
  • About
  • Advertise
  • Archives
  • Contact
  • Subscribe

January new car sales figures set to make grim reading

With new car sales in January 2009 looking like being nearly 30% down compared with Jan 08 (equating to more than 45,000 units), it’s no surprise that factories and supporting suppliers are in serious bother right now. The only good news is the buoyant used car sector, which means dealers can potentially offset volume drops and resulting dips in profit from new cars with record sales of used. However the feeling is that with decent quality retail stock becoming scarcer by the day on the wholesale markets, as prices rise and dealers attempt to stock their forecourts demand will wane as the appetite for paying more money for the same cars diminishes interest. The situation will also not help car makers who gain little benefit from their dealer network selling mainly used cars and if new car prices rise in line with weakening Sterling, the outlook is very bleak. The factory shutdowns at plants around the country in line with falling demand are a short term measure designed to try and ride the storm, but expect to see innovative packages being offered in dealerships around the country to try and attract new customers and ensure the long term safety of jobs in the factories.

Feb 4, 2009In51der
  • January 2011 new car registration figures
  • November 2009 new car sales figures
  • August 2009 new car sales figures
  • July 2009 new car sales figures
  • January 2009 new car sales figures
  • December 2008 new car sales figures
  • Auction fever - who can predict the outcome?January 2009 new car sales figures
    You Might Also Like
     
    Latest predictions foresee tough times ahead for used car market
     
    Some positives from 2008 and here’s to a brighter 2009
    Comments: 1
    1. malcolm
      12 years ago

      the only innovation that customers want is price. how much is it going to cost ???
      manufacturers must reduce prices they can easily do this, stop protecting dealers !! we all know the market will find its own level. depreciation is fear factor the less it costs the less you lose.servicing is another area it is an even bigger rip off labour rates at £100 per hour forget main dealers ( mercedes ml 320 main dealer £310 — specialist £150 for first service using genuine merc parts and mobil 1 oil ) we are customers people who vote, buy cars ,buy houses, go shopping .we are encouraged to opt out of company cars it then becomes part of the family budget (what happens if you lose your job !!.) we want value .give it to the customers and they will buy cars.

    In51der

    Motor Trade Insider - Bridging the gap between the customer and the Motor Trade

    12 years ago Manufacturers, Newscar makers, car sales, car sales figures, profit, talkingmotors, Used car33
    Most viewed
    Top 100 UK Dealer Groups
    38,671 views
    The car sales process and the “9 point plan”
    10,759 views
    webuyanycar review – They will buy any car but beware of the asterisk
    5,435 views
    Most commented
    Car sales and the power of silence…
    25 Comments
    Car dealers still not prepared to play the “we buy any car” game
    23 Comments
    A Traders Tale – Part Four
    22 Comments
    Win a pre-loaded Ipod Shuffle!
    19 Comments
    Bargain of the Week – StreetKa 1.6i Luxury
    14 Comments
    Bridal Hair Berkshire
    Fox Body to 2018 Mustang Parts
    and Accessories
    About MTI

    Motor Trade Insider
    is written by people working actively in the motor trade for people on the inside and people on the outside.

    Our aims
    Build a bridge between consumers and the trade, create Interesting and informative content, break down barriers and create better understanding, expose bad practices and rip-offs and promote outstanding products and service.
    Have something to say?
    We are always looking for experienced writers who can write good original quality posts on motor-trade-insider.com. Please contact us if you would like us to consider you. Make sure you give us details of your own blog or a link to some articles you have written.
    2017 © Motor Trade Insider
    Truemag theme by StrictThemes